Cellularline SpA ( (IT:CELL) ) just unveiled an announcement.
Cellularline S.p.A. announced the purchase of 12,894 ordinary treasury shares between March 3 and March 7, 2025, at an average price of Euro 2.63182, totaling Euro 33,934.71. This buy-back program, executed through Intesa Sanpaolo, was authorized by the Shareholders’ Meeting in November 2023, and as of now, Cellularline holds 3.70937% of its share capital in treasury shares. This move reflects the company’s strategic financial management and could impact its market positioning and shareholder value.
More about Cellularline SpA
Cellularline S.p.A., established in Reggio Emilia in 1990, is a leader in the smartphone and tablet accessories industry. The company, along with its brands such as Interphone, MusicSound, and Skross, is known for its innovative and high-performance multimedia device accessories. Cellularline products are available in over 60 countries, and the company employs 300 people.
YTD Price Performance: 12.93%
Average Trading Volume: 31,615
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €57.86M
Learn more about CELL stock on TipRanks’ Stock Analysis page.